Latest News for IDEXF

Fast fashion giant Inditex is investing in the United States as a key growth market, CEO Oscar Garcia Maceiras told Reuters, as the Zara owner opens new stores and revamps existing outlets to woo more aspirational shoppers.

The owner of Zara booked a broadly stable 9% on-year increase in sales on a constant-currency basis.

Zara owner Inditex reported a better-than-expected start to its autumn trading on Wednesday, with currency-adjusted sales up 9% in August, even as extreme heat across Europe reshapes shopping behaviour in its biggest market.

First robot-assisted outlet opens in Liverpool to take on Shein and supermarkets in clothing, shoes and homewares

Zara owner Inditex offers an attractive way to weather rising clothing costs while retaining scope for stronger sales and margins, according to Barclays. The bank upgraded the owner of brands including Massimo Dutti, Pull & Bear and Bershka to 'overweight' and set a €62.5 price target after its relatively muted share-price performance, which has seen a total shareholder return of -2% delivered this year, compared…
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